Order book for retail bonds new issues marketplace

A retail bond issue allows companies to raise extra capital by borrowing from an investor at a fixed rate for a set period. On 1 february 2010, london stock exchange launched the electronic order book for retail bonds orb. Allowing retail investors to build and manage their own portfolios. International finance plc the issuer announces a 6. London stock exchanges order book for retail bonds orb trading platform. Our new electronic order book for retail bonds offers continuous twoway pricing for trading in uk gilts and retail size corporate bonds onexchange for the first time. Welcome to the new issues section of fixed income investor.

All the bonds on the orb are available in small, manageable trading sizes for private investors. As with any capital raise, companies usually launch retail bonds to expand their business, pay off debt or finance a particular project. This new market model provides issuers the opportunity to raise capital and have their. The issue will bring the total amount raised on orb, since the market was established two years ago, to over.

With the launch of a new electronic retail bond market. New retail bond issues london stock exchange group. In this section you can search for specific securities and prices, see bond and trading information for all securities traded on the order book. We would like to show you a description here but the site wont allow us.

Bond market a very useful website offering private investors. In february 2010, london stock exchange launched its new electronic, order driven trading service bond market for retail investors the order book for retail bonds orb orb aims to offer retail investors efficient access to an onscreen secondary market in londonlisted corporate, uk government and supranational debt instruments. Introduced in february 2010 in response to strong demand from. It also identifies the market participants behind the buy and sell orders, though some choose. The london stock exchange lse established the order book for retail bonds orb to. Fixed income forum an open forum for the discussion of retail bonds in the uk. New and recent issues on orb london stock exchange. The order book for retail bonds orb is the london stock exchanges electronic platform for private investors trading fixed income securities. The lse offers a guide to this market on its website. This section aims to provide information on the lastest orb order book for retail bonds new issues as well as data, charts and analysis on past and recent bond issues. In february 2010, the london stock exchange launched its new electronic bond market for retail investors, the order book for retail bonds orb. Retail bonds are a relatively new way for companies to raise cash. To subscribe for email alerts notifying you of new retail eligible issues scheduled to be listed onto the order book for retail bonds or order book for fixed income securities please click here.

Government bonds are generally considered to be of the highest credit quality. Once a bond has listed on orb it is also added to our. Our new electronic order book for retail bonds offers continuous twoway pricing for trading in uk gilts and retailsize corporate bonds onexchange for the first. Order book for retail bonds celebrates second anniversary. Retail bond new issues are similar to ipos they help companies raise. The london stock exchange only established a market for them in 2010 called the order book of retail bonds orb. Most new issues are covered in our bond of the week. Governments also issue bonds to refinance existing debt or to raise new capital. That there have been just five corporate issues since the start of 2018 tells. An order book lists the number of shares being bid on or offered at each price point, or market depth. Order book for retail bonds efficiency and transparency in trading bonds for private investors. The orb is the first electronic retail bond order book allowing private. The london stock exchange lse established the order book for retail bonds orb to allow companies to raise money from a whole new audience. In the primary market, bonds are issued by the company directly to investors.